Greece Slashes Restaurant Taxes

For Greece, they are going through their sixth year of recession and is looking for ways to improve their current situation. As for now, the government has decided to cut down Greece's restaurant taxes by large 10% from 23% to 13%. The ministry of finance expects customer bills to decrease by a total of 8.1%. This, however, is only a temporary tax break and will only last until the end of 2013. Although this tax break may cost the government of some revenue, I believe the outcome will definitely benefit Greece greatly.